Hack VC

Hack VC is a thesis-driven VC firm. We partner at the earliest stages with founders building the future of the Internet across crypto, AI, and frontier tech.

[Hack VC @hack_vc]

The Hack VC Founders Hotline has been live for over 3 weeks now. Some stats to share:

- We’ve received 243 submissions
- We’ve responded to every single one of them (if you submitted before 4/27)
- We are diligencing 18%
- We asked to schedule calls with 10%

Thanks everyone for all the awesome submissions!

If you are building something cool, hit us up on our hotline (link below). We are actively monitoring and will get back to you within 1 week.

[Alexander Pack @alpackaP]

Founders Hotline, aka drop your deck here: https://t.co/mOYbwWsyxr

[Hack VC @hack_vc]

AI adoption in the UAE (73.3%) and Singapore (64.3%) shows how infrastructure, policy, and demand reinforce one another.

Microsoft’s September 2026 Global AI Diffusion Report highlights these figures, which reflect coordinated investment in connectivity, talent, and AI tools.

[Hack VC @hack_vc]

Great insights from portfolio company @MeckaAI.

[Mecka @MeckaAI]

Check out a recent pod @joshavata did with @sonyatweetybird on all things data!

[Hack VC @hack_vc]

Great to see @ereborbank secure new funding for the next stage of their work.

[Robinhood @RobinhoodApp]

Robinhood Ventures Fund I (RVI) has invested $30M in @ereborbank, a bank building for the next generation of American innovation.

Learn more: https://t.co/zOddmHN6ib

[Hack VC @hack_vc]

Great to see continued momentum from the @ionet team.

[io.net @ionet]

1 trillion tokens processed.

Yes, trillion.

No inflated narratives. No billion-dollar budgets. No gigawatt campus.

Just GPU capacity, switched on and put to work.

Thank you to every builder who made it happen.

The next trillion comes faster.

[Hack VC @hack_vc]

Big congrats to @fhenix on today's launch!

[Fhenix @fhenix]

Fhenix mainnet is live.

What started as an idea to bring FHE-powered confidentiality to blockchains is now production-ready infrastructure, for you to build with.

CoFHE is now live on @arbitrum and @ethereum, bringing confidentiality to onchain assets without compromising composability.

[Hack VC @hack_vc]

Great to see @Stable deepen their work on stablecoin infrastructure.

[Stable @Stable]

Bridging onchain settlement with real-world payment infrastructure is essential to making stablecoins more accessible and useful at scale.

We're happy to contribute alongside industry partners to the upcoming whitepaper by @InterlaceMoney, exploring the next phase of stablecoin payments.

[Hack VC @hack_vc]

Great piece from @Morpho's @PaulFrambot on how they're bringing receivable-backed credit markets onchain

[Paul Frambot 🦋 @PaulFrambot]

https://t.co/jC0f6fOpO3

[Hack VC @hack_vc]

Heading to @money2020? Be sure to connect with the @m0 team while you're there.

[M0 @m0]

Come say hi to M0 at @money2020!

You can find us in Room 2804 on Level 2. 👋

[Hack VC @hack_vc]

Great to see @variational_io continue to iterate and ship.

[Variational @variational_io]

Welcome back to the Variational biweekly update!

PRODUCT
➡️ The most recent mainnet release was v0.38.1
➡️ Improvements to portfolio page
➡️ Extended QR-linked mobile session log in timer to 30 days
➡️ Preparations for trading API release
➡️ /v2/stats read API endpoint

METRICS
➡️ Total Volume Traded: $417.92B
➡️ Current Dual-Sided OI: $2.04B
➡️ TVL (Excludes OLP Hedging Accounts): $290.88M
➡️ Total Markets Currently Listed: 575
➡️ Total Rewards Claimed: $8,831,643
➡️ Total Losses Refunded (Sunset): $4,559,196
➡️ Total Referral Rewards Claimed: $4,272,447
➡️ 2w Spreads Paid (Gross Revenue): $6,561,755
➡️ 2w Net Revenue: $3,682,137
➡️ 2w Rewards: ($303,768)
➡️ Referral Rewards: ($303,768)
➡️ 2w Net Profit: $3,378,369
➡️ 2W Protocol Treasury Inflow: $1,312,351
➡️ 2W OLP PnL: $2,066,018
➡️ Lifetime OLP PnL: $23,424,969
➡️ Current Protocol Treasury Holdings: 11,077,933 USDC

Thank you for your continued trust and support!

[Hack VC @hack_vc]

Congrats to portfolio company @fhenix on the progress toward Mainnet launch!

[Fhenix @fhenix]

the only fans worth having are encrypted ones

no, not that site

https://t.co/JAowPeW0GP

[Hack VC @hack_vc]

Crypto miners helped lay the groundwork for the AI buildout.

@alpackaP broke down the early days of AI infrastructure and how DeFi could help fund its next phase during his presentation at @token2049 Singapore.

Watch the full presentation:
https://t.co/HrkC3oX1OI

[Hack VC @hack_vc]

Great to see @SX_Bet reach another important milestone.

[SX Bet @SX_Bet]

$13.5M was traded on SX last weekend
Same weekend last year: $3M

Everything that went live in the last 10 days is below

Quote this tweet with a screenshot of a bet you placed on SX and you’re in the draw for $500 USDC

Winner Friday, 12pm ET. Rules at the end 🧵

[Hack VC @hack_vc]

Rome’s broader thesis is that applications will increasingly be judged by how much of the onchain economy they can serve, rather than the chain where they started.

Learn more:
https://t.co/XMDHYllBhM

[Hack VC @hack_vc]

Crypto’s two largest application ecosystems still operate like separate worlds.

Builders duplicate products, institutions duplicate controls, and users and capital remain fragmented.

@RomeProtocol is turning that boundary into one connected market.

[Hack VC @hack_vc]

Rome has also tested a Token-2022 transfer-hook path that invokes EVM policy logic.

Its initial focus is permissioned assets and compliance-sensitive workflows, where maintaining two operating environments creates the most friction.

[Hack VC @hack_vc]

Congrats to portfolio company @kamino on the exciting progress!

[Kamino @kamino]

Tokenized stock supply on Kamino Lend has grown ~15x year over year, from ~$3M to $50M.

Kamino is the leading venue for tokenized stock lending.

[Hack VC @hack_vc]

Thank you to everyone who attended our events in Seoul and Singapore.

We’re grateful to the founders, investors, and friends who continue to support Hack VC and our portfolio companies.